Financial Investing Radio

FIR 77: Can YOU See The BITCOIN Trade Signals??

Informações:

Sinopsis

Liquidity on the crypto-currencies is a challenge at times; and while the feds work out their regulatory magic there are still opportunities to trade these currencies using key trade signals. But before we get to that...what on earth does fear have to do with Bitcoin? Well it comes down to correlations. Some people are looking for correlations with Bitcoin. In other cases I have seen proposed correlations with the VIX. As you may or may not know, the VIX is an indication of the anticipated fear in the stock market. In general as the VIX goes up in value then the general market typically goes down. There's a whole other discussion on whether the VIX is trustworthy. But for our purposes here we are looking at Bitcoin and VIX. And some have proposed that as the VIX goes up, Bitcoin goes down. Interesting. In some cases I have seen proposed correlations to the Dow Jones Index. And still others have proposed correlations with other currencies such as the Dollar EFT UUP. I've even seen some people propose correlati